The party’s over for government spending in New Jersey. The budget proposal unveiled today by Gov. Chris Christie to close New Jersey’s $10.9 budget seeks substantial cuts and belt-tightening from every corner of the state. Property tax rebate checks would be relegated to the history books and annual property tax increases would be capped at 2.5%. NJ.com, NewJerseyNewsroom.com and the New York Times have extensive coverage of the governor’s speech and its ramifications.
